We were just about to sign contracts for a garden flat in Bacup. We have hit a snag. Our mortgage offer with Chelsea Building Society runs out on 9/2/2026 but the vendors are insisting on a completion date of 11/2/2026. Is it possible to extend the mortgage offer?
The person best placed to address this concern is your solicitors who is in a position to calculate whether they should be discussing with the mortgage company, seller’s solicitors, selling agents or conceivably all three taking into account the circumstances your house move as of today.
I have a decision in principle. The lender mentioned the loan came with free conveyancing. Does this mean I have to use their panel solicitor as I would much rather use a Bacup based conveyancing firm?
You should check but the chances are that appoint one of their panel lawyers should you want the "fee-free" incentive. Contact the lender to ask if they offer you a cash alternative. Some mortgage companies have previously offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor near Bacup.
Various online forums that I have frequented warn that are the primary reason for delay in Bacup house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays in the conveyancing process. Local searches are not likely to feature in any delay in conveyancing in Bacup.
I have todaybeen informed that Wolstenholmes have closed. They conducted my conveyancing in Bacup for a purchase of a freehold house 10 months ago. How can I establish that my home is in my name in the name of the previous owner?
The quickest method to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Bacup conveyancing specialists.
Should I be concerned that third parties that I am dealing with are suggesting a national conveyancing firm rather than a High Street Bacup conveyancing practice?
As with many service providers, often suggestions from family and friends can be most helpful. But there are lots of people with a keen interest in a conveyancing transaction; estate agents, financial adviser and mortgage companies might all recommend lawyers to use. On occasion these solicitors might be known to one of the organisations as one of the best in their field, but sometimes there behind the scenes commercial relationship behind the endorsement. You have the right to select your own conveyancer. You need to be aware that some mortgage providers specify a panel list of law firms you have to use for the mortgage aspect of your home move.